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Cloud Service UCloud Bags Landmark Series C Funding for Data Center Construction

Chinese cloud service provider UCloud announced today that it has landed nearly US$100 million of Series C financing led by Legend Capital with the participation of VMS Legend Investment Fund, DCM, Bertelsmann and GX Capital. This is largest capital injection in China’s IaaS (Infrastructure as a Service) sector so far. The company had previously received Series […]

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Chinese Cloud Company QingCloud Seals $100 Million Series C

QingCloud, a cloud computing platform offering IaaS-based cloud services, announced that they have secured a 100 million USD Series C financing today, led by two RMB funds with participation from existing investor BlueRun Ventures. The new capital will be used for R&D and the construction of cloud infrastructure, the statement added. Co-founded by Richard Huang, Reno Gan […]

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UCloud Becomes the First Chinese Cloud Service Provider to Establish Data Center in the U.S.

Chinese cloud service provider UCloud announced today that it has begun testing a new data center in Los Angeles, U.S. It’s the company’s second data center outside mainland China, with one in Hong Kong which launched in November last year. Primarily for mobile gaming, UCloud aims to provide game developers with users outside China better services with […]